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Bitcoin is recovering from a volatile shakeout. Options expiry has large open interest around $40K.
Bitcoin gave up some gains on Wednesday, suggesting the short-squeeze rally is fading.
Bitcoin’s near 50% decline from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment.
The price on the $500 million bond has fallen by almost three points.
The crypto financial services firm said it plans to use the funding to expand its global operations.
Bitcoin’s "death cross" could increase selling pressure into the weekend.
Uncle Sam is now selling litecoins it obtained for tax nonpayment.
Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.
The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.